Section 2A:50-76 - Written notice of eligibility to participate.

NJ Rev Stat § 2A:50-76 (2019) (N/A)
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2A:50-76 Written notice of eligibility to participate.

3. A homeowner-borrower shall receive written notice from the residential mortgage lender of the option to participate in the Foreclosure Mediation Program in accordance with the court rules, procedures, and guidelines adopted by the Supreme Court at the time the homeowner-borrower receives a notice of intention to foreclose, pursuant to section 4 of P.L.1995, c.244 (C.2A:50-56). Upon the filing of a mortgage foreclosure complaint against an eligible property, the homeowner-borrower shall again receive written notice of the option to participate in the Foreclosure Mediation Program in accordance with the court rules, procedures, and guidelines adopted by the Supreme Court. The written notice required pursuant to this section shall be available in both English and Spanish.

L.2019, c.64, s.3.